Bank of England expected to hold interest rates at 5%

Interest rates are expected to be held at 5% by the Bank of England on Thursday.The decision at midday comes after it was revealed inflation, which measures the rate UK consumer prices are rising at, remained at 2.2% last month.The figure remains just above the Bank's 2% target, but its governor Andrew Bailey has warned people not to expect a sharp fall in rates in the coming months.Economists and investors are…